STREET DOGS: Stocks could lose appeal if they move higher than ardent bulls expect
Many shares still look attractive even on conventional valuation metrics such as price:earnings ratios
11 May 2021 - 16:33
From Bill Miller’s Q1’21 Market Letter:
Very little stands in the way of the market moving higher, perhaps substantially higher, this year. My concern is that the market goes up far more than even ardent bulls expect, making most stocks unattractive even for those with much longer time horizons than the typical market participant. ..
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